MINNEAPOLIS--(BUSINESS WIRE)--May 23, 2002--Verizon Communications
(NYSE:VZ) has selected Voyager Fleet Systems to provide the
corporation with a state-of-the-art fleet fuel credit card purchasing
system. The program, which will be rolled out by the end of the year,
calls for Voyager Fleet Systems Inc., a wholly owned subsidiary of
U.S. Bank, to provide the fleet card issuance, billing, payment
processing, customer relations and detailed transaction reporting
services. U.S. Bank is a subsidiary of U.S. Bancorp (NYSE:USB).
Providing Verizon with an unmatched level of reporting and
security capabilities, Voyager Fleet Systems will capture all of the
pertinent details at each transaction including: date, time, location,
product type, grade, quantity and costs. The detail is compiled and
provided so that the transaction reports can be used to aid in
Verizon's fleet management, and to negotiate discounts where
appropriate.
The Voyager card is accepted at more than 165,000 retail locations
in all 50 states and provides comprehensive fleet management
information services to commercial businesses and government agencies.
Voyager offers comprehensive data reporting and card tracking features
that allow fleet executives to better manage their fleets. Additional
information can be found at Voyager's website at voyagerfleet.com.
Minneapolis-based U.S. Bancorp, with assets in excess of
$165 billion, is the 8th largest financial services holding company in
the United States. The company operates 2,147 banking offices and
4,929 ATMs, and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services products
to consumers, businesses and institutions. U.S. Bancorp is home of the
Five Star Service Guarantee which assures customers of certain key
banking benefits and services or customers will be paid for their
inconvenience. U.S. Bancorp is the parent company of Firstar Bank and
U.S. Bank. Visit U.S. Bancorp on the web at usbank.com and Firstar
Bank at firstar.com.
--30--kmr/clv*
CONTACT: U.S. Bancorp
Teri Charest, Media Relations, 612/973-4594
Dan Endy, Corporate Payment Systems, 612/973-6901
KEYWORD: MINNESOTA
INDUSTRY KEYWORD: BANKING TELECOMMUNICATIONS RETAIL
SOURCE: U.S. Bancorp
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